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'Do not use': US banking giants JPMorgan and Goldman Sachs restrict Anthropic AI access abroad. Here's whyMajor US banks, JPMorgan Chase and Goldman Sachs, have restricted employees outside the US from using advanced AI tools like Anthropic's Cl...
US President Donald Trump's Iran war weighs on G7 economies, but don't expect hard talk in FranceGlobal economic leaders gather in France amid rising inflation and oil prices. A recent deal between the U.S. and Iran offers optimism, but...
China access concerns could have triggered US restrictions on Anthropic's Mythos: ReportAmerica has restricted access to Anthropic's advanced AI model, Mythos. This action stems from worries that a group linked to China might h...
Charting the Global Economy: War pushes up prices, dents growthThe Iran war is fueling a global inflation wave, prompting the European Central Bank to raise interest rates for the first time in nearly t...
CLSA set to vanish as brand after 40 years in Asian brokerage: ReportHong Kong-based CLSA will be rebranded under Citic Securities from 2027, ending a brokerage brand known for its distinctive culture and str...
Europe is finally, slowly getting its act togetherEurope stands on the brink of a pivotal transformation, launching a set of ambitious reforms aimed at revitalizing its economy and global f...
US stocks: SpaceX IPO demand is approaching four times oversubscribed, source saysSpaceX's initial public offering is seeing massive investor interest. Demand has reached over 250 billion dollars, far exceeding the 75 bil...
Wealth firm Nexedge Capital looking to close a $25 million funding round to be led by MiraeNexedge Capital, a wealth management firm for ultra-high-net-worth individuals, is nearing a $25 million funding round. South Korean firm M...
What's brewing? FinMin seeks gold lending info from banksIn a communique to banks on Friday evening, the Department of Financial Services sought data on value and quantity of gold metal loans (GML...
Parliament panel meeting discusses concerns over rupee, sluggish private investmentMembers of a parliamentary committee voiced concerns about the rupee's decline and slow private investment. The government stated India's e...
Why Amazon has struggled to crack IndiaAmazon's India strategy is changing: under new leadership, the company is focusing on profitability over rapid growth. This shift comes as ...
MUFG’s new India fund; District goes sportingHappy Tuesday! Japan’s MUFG is doubling down on India just as a new wave of investors moves into the country’s startup market. This and mor...
SoftBank to invest €75 billion in 5 GW French AI centresSoftBank Group is set to invest up to $87 billion in France to build 5 gigawatts of AI data center capacity, aiming to establish the countr...
Charting the global economy: Inflation hits incomes and spendingGlobal economies face rising inflation and slowing consumer spending. In the US, incomes are squeezed, pushing savings rates down. Europe s...
Hong Kong overtakes Switzerland as world's top cross-border wealth hub on China ties, report showsHong Kong has surpassed Switzerland as the world's top global booking center for cross-border wealth, reaching $2.95 trillion. This shift i...
Will President Trump attend Don Jr.'s wedding amid Iran tensions? He says it's 'not good timing'-here's whyPresident Trump stated he will "try and make" his son Donald Trump Jr.'s upcoming wedding, acknowledging it's "not good timing" due to the ...
Global Market: Hong Kong IPO boom draws rising interest from overseas companiesHong Kong's stock market is seeing more foreign companies file for listings. Firms from countries like Indonesia and South Korea are explor...
Economic outlook at risk of further deterioration, OECD saysOECD Secretary General Mathias Cormann stated that the ongoing Middle East conflict is worsening global economic risks, exerting downward p...
Iran war crisis: With long-term vision, India could turn turmoil into triumphIndia confronts an economic crisis driven by global events. Import duties on gold and silver are an initial step. Policymakers warn of crun...
Missiles over Dubai rattle the Gulf’s billion-dollar money machineThe Gulf's image as a safe financial haven is under strain as regional conflicts disrupt deals and deter investors. Once booming IPO market...